IATA: Middle East conflict lifts fares and fuel costs, trims capacity as passenger demand rises 6.1% and cargo surges
IATA reports global passenger demand rose 6.1% in February even as the Middle East conflict drives higher airfares, tighter jet‑fuel supplies and airline schedule adjustments. March capacity growth forecasts were lowered while air cargo volumes, led by Africa, jumped roughly 21% year‑on‑year.
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